Sam Bankman-Fried’s lawyers claim in an appeal that he was judged too quickly
3 months, 1 week ago

Sam Bankman-Fried’s lawyers claim in an appeal that he was judged too quickly

Associated Press  

NEW YORK — Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty of stealing billions of dollars from his customers and investors before he was even arrested. “From day one, the prevailing narrative — initially spun by the lawyers who took over FTX, quickly adopted by their contacts at the U.S. Attorney’s Office — was that Bankman-Fried had stolen billions of dollars of customer funds, driven FTX to insolvency, and caused billions in losses,” the attorney said. At its height, FTX was treated as a pioneer and darling in the emerging cryptocurrency industry, with a Super Bowl Bankman-Fried was arrested in December 2022 following his extradition from the Bahamas, just weeks after his company filed for bankruptcy and days after some of his former top executives began cooperating with federal prosecutors. He initially remained under strict bail conditions at his parents’ home in Palo Alto, California, but Judge Lewis A. Kaplan in Manhattan revoked his bail shortly before the trial after concluding that Bankman-Fried was trying to influence likely witnesses, including an ex-girlfriend who had served as chief executive at Alameda Research, a crypto hedge fund.

Trial Judge Guilty Ftx Lawyers Claim Presumed  bankmanfried  trial  quickly  appeal  presumed  prosecutors  jury  billions  judge  sam  guilty  lawyers  claim  ftx  bankmanfrieds  judged

History of this topic

Ex-FTX Exec's Cooperation Wins Him a Mercy Sentence
1 month, 3 weeks ago

Ex-FTX Exec's Cooperation Wins Him a Mercy Sentence

Associated Press  

An ex-FTX executive, Nishad Singh, who testified against Sam Bankman-Fried at his trial, was spared a prison sentence by a federal judge. Singh provided information that helped prosecutors learn about crimes they might otherwise have never discovered, including campaign finance violations and private conversations between Bankman-Fried and his associates.

Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly
3 months, 1 week ago

Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Lawyers for Sam Bankman-Fried claim …

Bankman-Fried appeals FTX fraud conviction, 25-year sentence
8 months, 1 week ago

Bankman-Fried appeals FTX fraud conviction, 25-year sentence

The Hindu  

Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on April 11 appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. He faces steep odds, with his lawyers needing to persuade the 2nd Circuit - and potentially the U.S. Supreme Court - that …

FTX’s Sam Bankman-Fried appeals conviction and 25-year sentence for fraud
8 months, 1 week ago

FTX’s Sam Bankman-Fried appeals conviction and 25-year sentence for fraud

Al Jazeera  

Bankman-Fried faces steep odds in bid to overturn conviction stemming from the collapse of his cryptocurrency exchange. FTX founder Sam Bankman-Fried has appealed his conviction and 25-year prison sentence for stealing billions of dollars from customers of his defunct cryptocurrency exchange. “I made a series of bad decisions.” US District Court Judge Lewis Kaplan said that Bankman-Fried had not shown …

Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud
8 months, 3 weeks ago

Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud

The Hindu  

Sam Bankman-Fried was sentenced to 25 years in prison by a judge on March 28 for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall. U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing after rejecting Bankman-Fried's claim that FTX customers …

Sam Bankman-Fried 25-year sentence: Why the judge sentenced the founder of FTX so harshly.
8 months, 3 weeks ago

Sam Bankman-Fried 25-year sentence: Why the judge sentenced the founder of FTX so harshly.

Slate  

A federal judge sentenced Sam Bankman-Fried to 25 years in prison on Thursday. Before imposing the sentence, Judge Lewis Kaplan dismissed the most potent arguments by Bankman-Fried’s defense team and made clear his anger at Bankman-Fried’s behavior leading up to and during his trial. There was another plausible reason for lowering the sentence, though: A recent rebound in crypto prices …

“Lack of any remorse”: Judge tears into Sam Bankman-Fried as he sentences him to 25 years
8 months, 3 weeks ago

“Lack of any remorse”: Judge tears into Sam Bankman-Fried as he sentences him to 25 years

Salon  

FTX founder Sam Bankman-Fried was sentenced to 25 years on Thursday after he was convicted of defrauding the company’s customers. U.S. District Judge Lewis Kaplan ordered the crypto billionaire to more than two decades in prison after Bankman-Fried’s lawyers recommended a sentence of five to seven years, according to Axios. "He knew it was wrong," Kaplan said, rejecting SBF’s claims …

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes
8 months, 3 weeks ago

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes

NPR  

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes Enlarge this image toggle caption Michael M. Santiago/Getty Images Michael M. Santiago/Getty Images 25 years. Bankman-Fried's lawyers, however, had pushed back aggressively against the prosecutors sentence recommendation, saying it incorrectly paints the former FTX head as a "depraved super villain." Enlarge this image toggle caption Leon Neal/Getty Images …

Column: Sam Bankman-Fried will be sentenced Thursday for his crypto fraud. Throw the book at him
8 months, 3 weeks ago

Column: Sam Bankman-Fried will be sentenced Thursday for his crypto fraud. Throw the book at him

LA Times  

Sam Bankman-Fried after a court appearance in his federal fraud case last year. are expected to get back all of their money.” FTX, according to Bankman-Fried’s attorneys, “was solvent at the time of the bankruptcy petition. The harm to customers, lenders, and investors is zero.” The government and Ray, the experienced corporate rescuer who became the chief executive of FTX …

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer
9 months ago

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer

Associated Press  

NEW YORK — The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was callously false and he was living a “life of delusion.” FTX Trading Limited CEO …

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer
9 months ago

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chief executive of the …

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
9 months, 1 week ago

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

Associated Press  

NEW YORK — FTX founder Sam Bankman-Fried’s orchestration of one of history’s largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. They said crimes reflecting a “brazen disrespect for the rule of law” had depleted the retirement funds and nest eggs …

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing
10 months ago

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing

Hindustan Times  

NEW YORK — A foot-tapping FTX founder Sam Bankman-Fried made a brief appearance in a New York courtroom Wednesday to switch lawyers before his sentencing next month. Kaplan also presided over the trial of the one-time cryptocurrency heavyweight who told Kaplan that he’d like attorney Marc Mukasey to represent him at a sentencing hearing scheduled to occur March 28 despite …

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing
10 months ago

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Sam Bankman-Fried will not face a second fraud trial, DoJ announces
11 months, 3 weeks ago

Sam Bankman-Fried will not face a second fraud trial, DoJ announces

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sam Bankman-Fried won’t face …

US prosecutors opt out of second trial for crypto tycoon Sam Bankman-Fried
11 months, 3 weeks ago

US prosecutors opt out of second trial for crypto tycoon Sam Bankman-Fried

Al Jazeera  

United States prosecutors have chosen not to pursue a second trial for FTX cryptocurrency exchange founder Sam Bankman-Fried, who has already been found guilty of fraud and money laundering, and proceed instead to sentencing. Prosecutors said in a letter filed in a New York court on Friday that pursuing a second trial for the disgraced tycoon would only serve to …

Sam Bankman-Fried guilty verdict: I was there in the courtroom. I think I know why he did it.
1 year, 1 month ago

Sam Bankman-Fried guilty verdict: I was there in the courtroom. I think I know why he did it.

Slate  

This is part of Slate’s daily coverage of the intricacies and intrigues of the Sam Bankman-Fried trial, from the consequential to the absurd. Maybe it was just me, but I don’t think too many people entered the Southern District of New York on Thursday morning assuming that this would be the day Sam Bankman-Fried confronted his fate. Within the confines …

FTX fraudster Sam Bankman-Fried convicted of all charges in $8bn case
1 year, 1 month ago

FTX fraudster Sam Bankman-Fried convicted of all charges in $8bn case

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy FTX founder Sam Bankman-Fried …

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers
1 year, 1 month ago

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

The Hindu  

November 03, 2023 07:40 am | Updated 08:55 am IST - NEW YORK FTX founder Sam Bankman-Fried was found guilty on Thursday of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire's fall from grace. Once the darling of the crypto world, Bankman-Fried — who …

Sam Bankman-Fried Has Been Found Guilty of Fraud
54 years, 11 months ago

Sam Bankman-Fried Has Been Found Guilty of Fraud

Wired  

Sam Bankman-Fried has been found guilty of fraud and conspiracy by a jury in a court in New York. Bankman-Fried stood to hear the jury's verdict and, once found guilty on all charges, sat back down without much sign of emotion. The US government had accused Bankman-Fried of overseeing a multibillion-dollar fraud, whereby money belonging to FTX customers was swept …

What to know about the Sam Bankman-Fried trial verdict
1 year, 1 month ago

What to know about the Sam Bankman-Fried trial verdict

Al Jazeera  

The FTX founder has been found guilty on seven charges, and he may face decades in prison. Sam Bankman-Fried’s fraud trial has ended with a guilty verdict for the crypto tycoon and the possibility that he spends decades behind bars. On Thursday, a New York federal court jury found Bankman-Fried guilty on all seven charges for fraud and conspiracy that …

Crypto tycoon Sam Bankman-Fried found guilty on all charges in fraud trial
1 year, 1 month ago

Crypto tycoon Sam Bankman-Fried found guilty on all charges in fraud trial

Al Jazeera  

Bankman-Fried faces up to 110 years behind bars following guilty verdict. Former crypto tycoon Sam Bankman-Fried has been found guilty on all charges after orchestrating what authorities have described as one of the biggest financial frauds in US history. Prosecutors accused Bankman-Fried, once the poster boy for virtual currencies, of stealing about $10bn, using customers’ funds to make risky investments, …

FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers
1 year, 1 month ago

FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

Associated Press  

NEW YORK — FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl After the monthlong trial, jurors rejected Bankman-Fried’s claim during testimony in Manhattan federal court that he never committed fraud or meant to cheat customers before FTX, once the world’s second-largest crypto exchange, collapsed …

Prosecutor cites 'pyramid of deceit' by Sam Bankman-Fried; Defense lawyer says he's no monster
1 year, 1 month ago

Prosecutor cites 'pyramid of deceit' by Sam Bankman-Fried; Defense lawyer says he's no monster

The Hindu  

In a closing argument, a prosecutor told New York jurors Wednesday to follow overwhelming evidence of FTX founder Sam Bankman-Fried 's “pyramid of deceit” to find him guilty of defrauding customers and investors of at least $10 billion while a defense lawyer said prosecutors were unfairly portraying an honest entrepreneur as a monster. The prosecutor said Bankman-Fried wanted jurors to …

Sam Bankman-Fried created a 'pyramid of deceit' because he 'thought he was smarter and better', prosecutor tells jury in closing statements of his $8 BILLION fraud trial
1 year, 1 month ago

Sam Bankman-Fried created a 'pyramid of deceit' because he 'thought he was smarter and better', prosecutor tells jury in closing statements of his $8 BILLION fraud trial

Daily Mail  

Sam Bankman-Fried created a 'pyramid of deceit' with his crypto empire before its spectacular collapse in November last year, prosecutors claimed at the finale of his $8 billion fraud trial. Sam Bankman-Fried created a 'pyramid of deceit' with his crypto empire which collapsed, prosecutors claimed in the closing statements of his $8billon fraud trial Prosecutor Nicolas Roos used his closing …

Prosecutor cites ‘pyramid of deceit’ by Sam Bankman-Fried; Defense lawyer says he’s no monster
1 year, 1 month ago

Prosecutor cites ‘pyramid of deceit’ by Sam Bankman-Fried; Defense lawyer says he’s no monster

Associated Press  

NEW YORK — In a closing argument, a prosecutor told New York jurors Wednesday to follow overwhelming evidence of FTX founder Sam Bankman-Fried ‘s “pyramid of deceit” to find him guilty of defrauding customers and investors of at least $10 billion while a defense lawyer said prosecutors were unfairly portraying an honest entrepreneur as a monster. The prosecutor said Bankman-Fried …

Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founder
1 year, 1 month ago

Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founder

The Hindu  

A prosecutor began cross-examining Sam Bankman-Fried at a New York City trial on Monday, attacking his credibility by highlighting public statements he made before and after the FTX cryptocurrency exchange he founded filed for bankruptcy late last year when it could no longer process billions of dollars in withdrawals. Assistant U.S. Attorney Danielle Sassoon confronted Bankman-Fried with instances in which …

Prosecutor takes aim at Sam Bankman-Fried’s credibility at trial of FTX founder
1 year, 1 month ago

Prosecutor takes aim at Sam Bankman-Fried’s credibility at trial of FTX founder

Associated Press  

NEW YORK — A prosecutor began cross-examining Sam Bankman-Fried at a New York City trial on Monday, attacking his credibility by highlighting public statements he made before and after the FTX cryptocurrency exchange he founded filed for bankruptcy late last year when it could no longer process billions of dollars in withdrawals. Assistant U.S. Attorney Danielle Sassoon confronted Bankman-Fried with …

Sam Bankman-Fried on the stand: ‘A lot of people got hurt’
1 year, 1 month ago

Sam Bankman-Fried on the stand: ‘A lot of people got hurt’

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “A lot of people got hurt,” …

FTX founder Sam Bankman-Fried testifies outside jury's presence as judge decides what he can say
1 year, 1 month ago

FTX founder Sam Bankman-Fried testifies outside jury's presence as judge decides what he can say

The Hindu  

Sam Bankman-Fried got a test run taking the stand at his New York criminal trial Thursday after a judge sent jurors home but let him demonstrate portions of his testimony before deciding which parts of it he'll allow. During nearly three hours of testimony Thursday after jurors were sent home, Bankman-Fried tried to show that the presence of lawyers when …

FTX case: Sam Bankman-Fried to testify in fraud trial after onslaught from inner circle
1 year, 1 month ago

FTX case: Sam Bankman-Fried to testify in fraud trial after onslaught from inner circle

Live Mint  

Sam Bankman-Fried will take the stand to defend his actions in the lead-up to the collapse of his digital-asset empire, after taking a beating from former colleagues who described him as the mastermind of a years-long scheme to defraud FTX customers and investors. Bankman-Fried’s lawyers said on a conference call with the judge Wednesday that their client will testify at …

Sam Bankman-Fried's lawyers avoid challenges to 'cartoon' villain image
1 year, 1 month ago

Sam Bankman-Fried's lawyers avoid challenges to 'cartoon' villain image

The Hindu  

Sam Bankman-Fried's lawyers have complained that prosecutors at his fraud trial are portraying the FTX cryptocurrency exchange founder as a "cartoon of a villain," but have done little to counter unflattering depictions of him offered to the jury by his former colleagues. Nishad Singh, FTX's former engineering chief, testified last week that when he confronted Bankman-Fried about marketing and venture …

Sam Bankman-Fried’s lawyer fails to hurt credibility of the government’s star witness at fraud trial
1 year, 2 months ago

Sam Bankman-Fried’s lawyer fails to hurt credibility of the government’s star witness at fraud trial

Associated Press  

NEW YORK — Sam Bankman-Fried’s lawyer did little to dent the credibility of the government’s key witness in the former crypto mogul’s fraud trial Thursday, meandering through a cross-examination of Caroline Ellison that at times left even the judge puzzled and impatient. The funds often were used for investments at an affiliated trading firm, Alameda Research, that was headed by …

Sam Bankman-Fried trial: Billion dollar crypto fortune was ‘built on lies’, prosecutors say
1 year, 2 months ago

Sam Bankman-Fried trial: Billion dollar crypto fortune was ‘built on lies’, prosecutors say

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sam Bankman-Fried built a …

Sam Bankman-Fried heads to trial on charges of stealing billions from FTX users
1 year, 2 months ago

Sam Bankman-Fried heads to trial on charges of stealing billions from FTX users

The Hindu  

Sam Bankman-Fried is set to go on trial on charges of stealing billions of dollars from customers of his FTX cryptocurrency exchange starting on Tuesday, nearly a year after the company's collapse shocked markets and tattered his reputation. Before prospective jurors entered, U.S. District Judge Lewis Kaplan told prosecutors and defence lawyers that he would begin jury selection by asking …

Sam Bankman-Fried ‘lied to the world’ as he built crypto empire, prosecutors say
1 year, 2 months ago

Sam Bankman-Fried ‘lied to the world’ as he built crypto empire, prosecutors say

LA Times  

In this courtroom sketch, FTX founder Sam Bankman-Fried, right, sits at the defense table next to his attorney Christian Everdell as jury selection began in his fraud trial Tuesday. There was no theft.” Cohen said that the “rise and fall” of FTX, and Alameda Research, an affiliated hedge fund, mirrored the wider crypto industry, which was battered by fast-changing market …

Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried
1 year, 2 months ago

Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Associated Press  

NEW YORK — Jury selection began Tuesday in the fraud trial of FTX founder Sam Bankman-Fried after a prosecutor revealed that no discussions about a potential plea agreement took place in the nearly 10 months since the cryptocurrency executive was arrested and brought to the United States. Prosecutors say Bankman-Fried defrauded people and financial institutions who had accounts worth billions …

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried
1 year, 2 months ago

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
1 year, 2 months ago

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

Associated Press  

NEW YORK — For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Prosecutors from the Southern District of New York are expected to lay out a case against Bankman-Fried that shows he stole billions of dollars in FTX customer deposits and used the money to fund his hedge fund, buy …

Former crypto king Sam Bankman-Fried must now convince a jury he was not a crook
1 year, 2 months ago

Former crypto king Sam Bankman-Fried must now convince a jury he was not a crook

LA Times  

For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Prosecutors from the Southern District of New York are expected to lay out a case against Bankman-Fried that shows he stole billions of dollars in FTX customer deposits and used the money to fund his hedge fund, buy real estate and …

Judge rejects an 11th-hour bid to free FTX founder Sam Bankman-Fried during his trial
1 year, 2 months ago

Judge rejects an 11th-hour bid to free FTX founder Sam Bankman-Fried during his trial

Associated Press  

NEW YORK — A judge on Thursday closed the door on FTX founder Sam Bankman-Fried’s hopes to be free during his trial, although he extended the hours that the cryptocurrency peddler can meet with his lawyers in a federal courthouse. At a hearing, Judge Lewis A. Kaplan rejected a request by Bankman-Fried’s lawyers to free their client so he could …

Jailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say
1 year, 4 months ago

Jailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say

Associated Press  

NEW YORK — FTX founder Sam Bankman-Fried can’t adequately prepare for trial in six weeks while in jail without proper access to computers, necessary medications to help him concentrate, and a better diet than bread, water and peanut butter, his lawyers told a magistrate judge Tuesday. The lawyers made their complaints at a Manhattan federal court hearing after Bankman-Fried pleaded …

Testimony from Sam Bankman-Fried’s trusted inner circle will be used to convict him, prosecutors say
1 year, 4 months ago

Testimony from Sam Bankman-Fried’s trusted inner circle will be used to convict him, prosecutors say

Associated Press  

NEW YORK — Testimony from FTX founder Sam Bankman-Fried’s “trusted inner circle” of former executives at his collapsed cryptocurrency empire will be used to prove at an October trial that he misappropriated billions of dollars from his investors to fuel his businesses, make illegal campaign contributions and enrich himself, prosecutors said Monday. The indictment said he sought to “maximize FTX’s …

Sam Bankman-Fried Was the Most Annoying Defendant of All Time
1 year, 4 months ago

Sam Bankman-Fried Was the Most Annoying Defendant of All Time

Slate  

Sam Bankman-Fried had a pretty good setup for a man the federal government has accused of masterminding one of the most cartoonish and lucrative frauds in the history of American capitalism. As SBF approached his trial, it would’ve been reasonable to think that nothing about the matter could get sillier than the exchange’s collapse itself—something that happened, in large part, …

Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses
1 year, 4 months ago

Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses

Associated Press  

NEW YORK — FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. The judge said he concluded there was a probability that Bankman-Fried had tried to influence both anticipated trial witnesses “and quite likely others whose names …

Sam Bankman-Fried is jailed; judge revokes bail, says crypto mogul tampered with witnesses
1 year, 4 months ago

Sam Bankman-Fried is jailed; judge revokes bail, says crypto mogul tampered with witnesses

LA Times  

FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday after a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. Kaplan said there was probable cause to believe Bankman-Fried had tried to “tamper with witnesses at least twice” since his December arrest, most recently by showing a journalist …

FTX founder Sam Bankman-Fried’s lawyers say attempt to jail him before trial is wrong
1 year, 4 months ago

FTX founder Sam Bankman-Fried’s lawyers say attempt to jail him before trial is wrong

Associated Press  

NEW YORK — Lawyers for FTX founder Sam Bankman-Fried said Tuesday that prosecutors are wrong to seek his detention prior to trial because their arguments are built on “innuendo, speculation, and scant facts.” The written submission in Manhattan federal court was a response to the prosecution’s claim last week that no bail conditions can stop the onetime cryptocurrency power broker …

US judge tightens Bankman-Fried’s bail, considers jail until trial
1 year, 4 months ago

US judge tightens Bankman-Fried’s bail, considers jail until trial

Al Jazeera  

FTX founder Sam Bankman-Fried’s bail conditions have been tightened after United States prosecutors accused him of witness tampering by sharing a former romantic partner’s personal writings with a reporter. Judge Lewis A Kaplan imposed a “gag order” restricting Bankman-Fried’s ability to speak publicly and said he would consider prosecutors’ request to jail the former billionaire until the first of two …

Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations
1 year, 4 months ago

Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

Associated Press  

NEW YORK — A judge is weighing whether to revoke Sam Bankman-Fried ‘s bail after prosecutors said Wednesday that the FTX founder used the news media to harass a key witness against him and should be locked up until trial. But, she said, by setting out to tarnish Ellison in an international publication read by many potential jurors in the …

Discover Related